'Factory' art to net £4m in Amsterdam

One-hundred-and-sixty-three works from the former Peter Stuyvesant Collection, property of British American Tobacco Netherlands (BAT), will auction on Monday March 8, 2010.

The collection is expected realise in excess of €4m when it sells at Sotheby's.

Tony by Niki de Saint-Phalle, 1965, (€250k-350k)

It is also the largest collection of Post War and Contemporary Art ever to come at auction in the Netherlands.

Starting in the late 1950s, it became famous as the Peter Stuyvesant Collection and now consists of more than 1,000 works created by artists from over 40 countries.

The core body of the collection, which will be offered for sale in March, comprises 163 works by leading artists such as Karel Appel, Arman, Alighiero Boetti, Corneille, Alan Davie, Simon Hantai, Mike Kelley, Martin Kippenberger and Per Kirkeby.